Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
Four big US economic news this week might rock crypto markets
Inflation, employment, and expenditure statistics from four big U.S. economic reports this week might affect Bitcoin and Federal Reserve policy.
Crypto investors are eagerly monitoring four U.S. economic data that might affect Bitcoin and other digital assets this week. Starting Wednesday, these releases may affect Fed policy and market mood.
After a calm 2023, U.S. economic issues are affecting crypto markets again.
The January CPI will be revealed on Wednesday. Inflation rose marginally in December, although the core rate fell. The Fed has maintained interest rates but wants to see inflation fall before cutting them. Inflation is expected to fall in January. Traders will also watch Fed Chair Jerome Powell's comments on U.S. trade plans. His remarks may predict interest rate changes.
Higher inflation may indicate the Fed will remain aggressive, hurting Bitcoin and other risk assets in the near run. Rising rates favor conventional investments, limiting crypto demand. If inflation is lower than projected, the Fed may loosen policy, increasing Bitcoin as investors seek alternatives.
Initial Jobless Claims will give a labor market picture on Thursday. The recent report indicated stable employment. Lower unemployment claims indicate good hiring, which boosts consumer spending. A strong employment market might force the Fed to raise rates, benefiting the currency but hurting crypto.
The Producer Price Index (PPI) will reveal production-level inflation on Thursday. December's report showed inflationary pressures receding, but January's should show a minor uptick. If production costs grow more than projected, consumer prices may rise, pushing investors to buy Bitcoin to hedge inflation. Data surprises might change market mood. Investors may seek refuge in Bitcoin if inflation worries rise. A lower-than-expected PPI may enhance conventional market confidence, impacting crypto demand.
#Gate.io Has Officially Partnered with Oracle Red Bull Racing #BTC Market Trend Analysis #Which Altcoin ETF Could be Approved First?